Market News Top 10 News Manufacturing PMI Slows to 3-month Low in Sept – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Manufacturing PMI slows to 3-month low of 55.1 in Sept India’s manufacturing sector activity fell to a three-month low in September 2022. The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) stood at 55.1 in September, compared to 56.2 in August. However, […] Written by Cherian Varghese October 3, 2022October 4, 2022
Editorial 5G Officially Launched in India: What Can We Expect? After a long wait, Prime Minister Narendra Modi officially launched 5G services in India on October 1. Companies involved in the telecom, optic fiber, and network infrastructure segments are gearing up for a pan-India rollout. However, it could take a while for most of us to experience 5G on our phones. In this article, we […] Written by Cherian Varghese October 3, 2022October 4, 2022
Market News Top 10 News RBI Hikes Repo Rate by 50 bps to 5.9% – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: RBI hikes repo rate by 50 bps to 5.9% The Reserve Bank of India (RBI) has hiked the repo rate by 50 basis points (bps) to 5.90% to control high inflation rates. This is the fourth straight increase in the current […] Written by Cherian Varghese September 30, 2022September 30, 2022
Market News Top 10 News Tata Motors Launches India’s Cheapest Electric Car – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Tata Motors launches Tiago EV at ₹8.49 lakhs Tata Motors launched its new and cheapest electric vehicle car, the Tiago EV, at an introductory price of ₹8.49 lakh. The hatchback comes with two battery options. The 24kWh battery offers a range of […] Written by Cherian Varghese September 28, 2022September 28, 2022
Market News Top 10 News Adani Ports’ Cargo Volumes Rise 18% YoY in August – Top Indian Market Updates Here are some of the major updates that could move the markets on Monday: Adani Ports’ cargo volumes rise 18% YoY in August Adani Ports & Special Economic Zone Ltd (APSEZ) handled 29.3 million metric tonnes (MMT) of cargo in August 2022, recording an 18% YoY increase. Dry bulk volume grew by 44% YoY and […] Written by Cherian Varghese September 2, 2022September 2, 2022
Market News Top 10 News RIL to Roll Out 5G Services by Diwali – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RIL to launch 5G services by Diwali; reveals ₹75,000 crore investment in petchem Reliance Industries Ltd (RIL) has laid out a ₹2 lakh crore plan to launch the next generation (5G) of wireless services in India within two months. The company aims […] Written by Cherian Varghese August 29, 2022August 29, 2022
Market News Top 10 News Bharti Airtel Signs 5G Network Deals with Nokia, Samsung – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel signs 5G network deals with Ericsson, Nokia, Samsung Bharti Airtel Ltd has signed 5G network agreements with Swedish equipment maker Ericsson, Nokia, and Samsung to commence deployment of 5G networks from August. Ericsson will provide 5G connectivity in 12 circles […] Written by Cherian Varghese August 3, 2022August 3, 2022
Market News Top 10 News Bajaj Finserv Posts 57% YoY to Rs 1,309 crore in Q1 – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bajaj Finserv Q1 Results: Net profit rises 57% YoY to Rs 1,309 crore Bajaj Finserv Ltd reported a 57% YoY increase in consolidated net profit to Rs 1,309 crore for the quarter ended June (Q1 FY23). Its total income grew 14% YoY […] Written by Cherian Varghese July 28, 2022July 29, 2022
Market News Top 10 News Bharti Airtel Opts to Defer AGR Dues by 4 Years – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Bharti Airtel opts to defer Rs 3,000 crore AGR dues for FY18, FY19 by 4 years Bharti Airtel Ltd has opted for the four-year moratorium on adjusted gross revenue (AGR) dues for FY18 and FY19, amounting to ~Rs 3,000 crore. The company […] Written by Cherian Varghese June 30, 2022June 30, 2022
Market News Top 10 News Zomato to Acquire Blinkit for Rs 4,447 crore – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Zomato to acquire Blinkit for Rs 4,447 crore Zomato Ltd’s board has approved the acquisition of quick commerce company Blinkit for Rs 4,447 crore in an all-stock deal. The food delivery firm already holds a more than 9% stake in Blinkit. This […] Written by Cherian Varghese June 24, 2022June 24, 2022
Market News Top 10 News Vi Defers Rs 8,837 crore AGR Dues Payment – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Vodafone Idea defers Rs 8,837 crore AGR dues payment Vodafone Idea Ltd’s (VIL) board has decided to defer payment of additional adjusted gross revenues (AGR) of Rs 8,837 crore dues by four years. On June 15, the Department of Telecommunications (DoT) had […] Written by Cherian Varghese June 23, 2022June 23, 2022
Market News Top 10 News DHFL Promoters Booked in Rs 34,615 crore Bank Fraud Case – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: DHFL promoters booked in Rs 34,615 crore bank fraud case The Central Bureau of Investigation (CBI) has registered a fresh case against DHFL promoters Kapil and Dheeraj Wadhawan for defrauding a consortium of banks led by Union Bank of India for Rs […] Written by Cherian Varghese June 22, 2022June 22, 2022
